Organic solar cells (OSCs) have attracted much attention as a clean and renewable energy convention system, owning to the low-cost and easy-processing nature of organic semiconductors. While indium tin oxide (ITO) is commonly used in OSCs as the transparent conductive electrode, the rising cost of indium, the high temperature process and the poor flexibility of ITO, make it incompatible with large-scale roll-to-roll manufacture of OSCs. In this paper, the MoO3/thin metal/MoO3 trilayer structure was used to replace the ITO electrode in OSCs. The optical and electrical properties of the trilayer were shown to depend on the material and thickness of the intermediate metal layer. The maximum power conversion efficiency of up to 2.5% under simulated 1 sun AM 1.5 solar illumination was achieved for OSCs based on poly(3-hexylthiophene) (P3HT) and [6,6]-phenyl-C61-butyric acid methyl ester (PCBM), compared to a maximum efficiency of 3.1% for the ITO-based devices. Moreover, due to the flexible nature of the trilayer structure, the OSCs with the trilayer electrode exhibited good mechanical flexibility. The efficiency of the flexible device was only reduced by ∼6% from its original performance after 500 bending cycles with a bending radius of 1.3cm. Therefore, the performance of the ITO-free devices on rigid/flexible substrates suggests that this oxide/metal/oxide trilayer electrode is a promising ITO replacement in OSCs.